This stocks price has been hit recently because of the founder CEOs exit.

The company has seen some serious revenue growth over the last several years and should continue to do so. As the mobile computing device market grows so will the market for accessories for those products...

Negative articles on SA bashing this company and its management seem weakly supported. The fact that this company is heavily shorted and the market has been down recently means that this is a good time to get in. Despite the negative articles, they have shown consistent growth in their financials, they recently got their product into Walmart stores, and they have patent moats on their invisible shields. This is a company I am interested in for the long term. The only reason I say they will outperform the market only "a year or so" is that mobile phone providers could develop new screens that are unscratchable, which would at least temporally stunt Zaggs growth.

While Zagg makes as high quality a product as you'll find in the case industry, I have concerns that new materials technologies being incorporated into devices (see Corning's Gorilla Glass) may eventually reduce demand for 3rd party device protection. However, in the short-term, Zagg's close association with Apple puts it in a great position for success. Great stock for the next 1-2 years at least.

- Blew past 200 dma with volume. 200 dma now acts as support for further rise.

- May 3rd earnings likely to beat estimates after Apple reported near record iPhone and iPad sales in Q2.

- Company used to rely heavily on Best Buy for sales. A whole bunch of additional channels already announced. Announcement of expansion into Walmart imminent. Reduces investment risk.

- Next generation Samsung Galaxy may contain HzO waterblocking technology. ZAGG is reported to own a 37.5% stake in HzO. Apple has also been rumoured to be considering the technology. Announced deals with these two tech giants will send ZAGG stock to new heights.

- Shorts are 43% of outstanding float. They will be forced to cover with earnings and possible announcements imminent.

- PEG ratio indicates fair value of ZAGG closer to $21.50. FA and TA both support big price move if earnings are positive.

Patents on invisibleSHIELD and HzO will be a HUGE driver but consider the following technical analysis and upcoming catalysts:

Like in 2011, zagg tested its low and bounced strongly. On a technical level, this confirms the double bottom reversal is upon it. Based on this, Zagg is expected to shoot to $16, then explode to a higher high that is equal to the difference of the high/low, putting the price target at $26. Moreover, using fibonacci levels and elliot wave, Zagg has completed the c of the "abc" and has started a new "12345" movement, which also takes zagg between $26 and $28. On a value level, ZAGG has a low PEG, if it was value at 1 of expected 2011 earnings, Zagg would have a price of $19. Zagg is only trading at 10x 2012 earnings but actual rev and earnings are doubling every year. Insanely cheap. See a theme here? On top of this, there are over $8m shares short, so any positive news can double this stock with a massive short squeeze in 1 day, especially when this passes the previous high. This is the stock no-brainer bullish pick of a lifetime. All it needs a few catalysts. Just the rumor of going into walmart popped the stock over 13% on Jan 13th. Imagine if it was actually announced.

1)Walmart deal for invisible shields which can add $100M a year in revenue with high margin product. Additonal produts would equal more rev: Walmart deal for zagg keyboards, Zaggsparq and zaggcase, ifrogz ipad cases. Walmart kicking out competitors due to lawsuit liability.

2)US patents that zagg holds to keep knocking additional competitors out of the market. Aready had competitors settle with them. Competitors can set stuff up on Amazon, but can't get any shelf space in retail stores where people actually buy phones. Additional zagg patents in pipeline for skins and shield to cause shorts to cover quickly like the announcement of patent last summer.

3)Zaggs HDshield to become the go-to shield for all phones with no alternatives. Everyone will want to get the clearest shield possible. Existing customers upgrading to the HDshield!

4)Record earnings in 4th quarter, record earnings in 2011, leading to record guidance in March 2012. Expect a big run up. The IPAD 3 and IHPHONE 5, along with a record number of smartphones and tablets to be released in 2012 and 2013. Zagg is a high growth company disguised as a value company.

5)HZO deals announced with manufacturers. Each deal can pop the stock 10%. Imagine if 10 deals get announced in a short time span or on next earnings call. After all, getting over $1 in royalty for every phone made for the next decade. Billions of phones globally. Zagg owns 40% equity in the value of HZO as a company. Can you imagine if HZO makes the deal with Apple? I'm told their reps, along with every other manufacter were at the HZO booth at CES. Do a google news search on HZO and CES and reporters are saying the same.

6)Additonal analyst coverage with higher price targets over $20. Will any big firms initiate coverage in order to get inside deal on a HZO IPO?

8)Zagg buy out. Logitech has not tried to compete with Zagg. They partner on the keyboard. Logitech needs growth. Logitech just filed an 8K to say they took out a $450M loan facility even though they are solid financially and hold little to no debt. Have over $300M in cash. They can issue stock. The last Logitech buyout was in 2009 when they paid over $400M for a company with $90M revenue. Look it up. Do the math.